Why recruitment from the private sector may be increasing in charity finance teams

Written by:

June 4, 2013 at 14:43

Charity Finance Group’s latest People and Pay Survey (formerly Salary Survey) showed a significant increase in recruitment from the private sector into charity finance teams, but what are the drivers behind this trend, for both employees and charities, and what might it suggest to us about wider changes in the sector? Let’s begin with the numbers. 338 CFG member charities participated in the People and Pay survey this year, and 41% of these recruited someone to their finance department in 2012. Of these, 59% reported having recruited someone from the private sector, compared to just 32% reported in last year’s […]

The charity finance professional in 2013: insights from CFG’s latest People and Pay Survey

Written by:

April 26, 2013 at 18:47

This week sees the release of our latest People and Pay Survey (formerly Salary Survey), which tracks trends in salaries, recruitment and wider employment issues in charity finance teams. This year we revamped the survey to explore some new and exciting areas where we think important changes may be occurring, and renamed it to reflect its wider remit. So what does the survey tell us about charity finance professionals in 2013, and what can charities learn from this? 1. They have a wide range of responsibilities This year’s survey enabled us, for the first time, to put figures to a […]

A pensions palaver

Written by:

March 7, 2013 at 18:16

Charity pensions have made headlines in numerous guises of late.  Before Christmas we had the story of People Can, a charity that went insolvent under the weight of its pensions deficits. In the new year, Barnardos announced plans to consult on its future pension plans and just this week we had the collapse of the NAVCA and Community Matters merger talks.  The common thread here relates to the long-term affordability of defined benefit  pension schemes. Charities are facing a situation common to all employers with pension obligations. Poor market returns, low gilt yields, creeping regulation and lengthening life expectancy have […]

Easing the pension burden on charities, just slightly…

Written by:

June 15, 2012 at 11:59

Having gone through one or more tough pension valuations in the last few years, many charities have put their schemes on a financially stronger footing by reducing benefits, higher contributions, long term recovery plans and the pledging of assets. Those facing a valuation in the last 12 months or in the near future could be forgiven for being disheartened for the deficit stubbornly refusing to reduce. The primary cause is nothing to do with investments as most asset classes have delivered some impressive performance over the last few years. Instead it is the valuation of the liabilities, which are based […]